12: Conflicts of Interest: Do They Matter?

Private investors today have more choices than ever before. The explosive growth in private wealth in the last decade has caught the attention of every major bank, brokerage firm and money management firm in the industry, and the result has been an equally explosive growth in investment products and investment advisors. Although the broad menu of choices is ultimately a desirable outcome, the challenge facing investors is how to distill the available information and create a logical, thoughtful investment program that is ideally suited to their needs.